RBI cautious on future price shocks, may hold repo steady

RBI cautious on future price shocks, may hold repo steady https://ift.tt/hDnXBs4 Reserve Bank of India (RBI) is expected to keep repo rates unchanged for an extended period due to easing core inflation and high real interest rates. However, the frequent fluctuations in food prices may require the RBI to remain vigilant. The RBI aims to maintain macroeconomic stability but acknowledges uncertainties such as adverse weather events, global food and energy prices, and volatility in global financial markets. The MPC meeting also discussed the need to sustain and stimulate investment, projecting a GDP growth of 6.5% for FY24.

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What happens if husband dies without a will | Economic Times

Given the uncertainty of life in the face of Covid-19, it is advisable to write a will if you have assets and want to pass them on to your family members smoothly. However, the urgency and importance of a will and nomination are not fully realised because no one believes it will happen to them.Especially vulnerable are dependants like children and homemaker spouses, who have stayed away from the entire process of financial transactions and wealth management. Women are typically unaware of their legal rights regarding property, let alone know how to access it. What should they do if their husbands die suddenly without a will? How is his property distributed and does it differ for women of different religions?1. Assets distributed as per law based on religionIf the husband dies intestate, i.e., without a will, the assets are distributed as per the law based on his religion. For Hindus, Jains, Buddhists and Sikhs, the distribution is governed by the Hindu Succession Act, 1956, and the Hin...

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